Summer In The City – Vienna & Oakton Real Estate Update, Plus 10 Home Security Tips

If you’re traveling this summer, make sure you scroll down for 10 home security tips you don’t want to miss. But first, it’s “summer in the city”, so let’s see how hot the Vienna & Oakton real estate markets are!

  • With less than a 3 month supply of homes in Vienna and less than 2 months in Oakton, both areas remain in a Seller’s Market.
  • Inventory in Vienna dropped 3% this week to 216 homes on the market. Inventory in Oakton also dropped slightly, to 82 homes.
  • Contracts remained steady, but we also are seeing a variation in contract rates based on price range. This past week, out of 28 homes that went under contract, only 4 were listed above $770,000.
  • The 4 higher priced homes averaged 85 days on the market, while the remaining 24 homes averaged only 63 days.
  • Homes in the lower price ranges are still often selling in two weeks or less and/or are receiving multiple offers.

Conclusion: Vienna real estate and Oakton real estate is still HOT!

Last week in Vienna Real Estate (22180,22181, 22182):

  • Number of Contracts: 18
  • Average Days on Market for Active Listings: 96 days
  • Average Days on Market for Listings That Went Under Contract: 65 days
  • Inventory: 216 homes on the market
  • Number of Months Supply of Homes (Based on past 90 day contract rate): 2.35 months
  • Number of Months Supply of Homes (Based on past 30 day contract rate): 2.5 months
  • Search all Vienna homes for sale

Last week in Oakton Real Estate (22124):

  • Number of Contracts: 10
  • Average Days on Market for Active Listings: 83 days
  • Average Days on Market for Listings That Went Under Contract: 68
  • Inventory: 82 homes on the market
  • Number of Months Supply of Homes (Based on past 90 day contract rate): 2.5 months
  • Number of Months Supply of Homes (Based on past 30 day contract rate): 1.95 months
  • Seach all Oakton homes for sale

Request a FREE WRITTEN REPORT of your home’s value, set up FREE LISTING ALERTS so you can find out about new listings daily or ask to join our FREE PRIORITY NOTIFICATION LIST for special buying opportunities that are not in the MLS or on the Internet. In a market like this, don’t you want to know about homes BEFORE they hit the market?

10 HOME SECURITY TIPS FOR SUMMER

Remember that old song by Lovin Spoonful, “Summer In the City“?

Well – it’s about that time. Summer means travel time. And whether it’s beach or mountains, college visits or visiting family – you need to be smart about home security. Here are a few tips:

(1) Be careful with your status updates on Twitter, Facebook, etc. Don’t be too specific. For example: “Can’t wait to see Grandma & Grandpa” might be better than “Leaving for Ohio in 2 hours. Back on Sunday.

(2) If you still have a newspaper delivered instead of reading online, make sure you suspend delivery. And ask a neighbor to pick up any of the free “throw away” papers that may be dropped in your driveway while you’re away.

(3) Take advantage of the “nosy neighbors” you have (assuming you trust them!). Ask them to keep an eye out while you are away. Make sure they know how to reach you in case of an emergency.

(4) Think twice about setting up an auto-responder or voice mail message that says you are out of town – expecially if you work from a home office. A better idea might be to just say you are not checking messages until a certain date (as if you’re taking a “Stay-Cation”.)

(5) Set up timers on certain lights in your house. Install motion detector lights outdoors.

(6) Don’t forget to lock the interior garage door (windows too!). Exterior doors are relatively easy to compromise.

(7) Stop your mail. Or have a neighbor collect it daily.

(8) Don’t publish your physical address or personal information on your social media profiles on LinkedIn, Facebook, etc. It’s amazing how many people advertise their birthdate, home address and more – just because the site asked you to fill it in when you set up your account. It’s not just children who do this, but many adults who are new to the world of social media are guilty of this as well. Even if your site is “friend-protected”, you’d be surprised at what web-savvy folks can find out. Be discreet!

(9) Check out this great tip from Vienna Patch about Vienna Police Department House Check forms!

(10) You can always employ the tactics of Kevin McAllister in “Home Alone!

Job Opportunity with The Belt Team

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We are “top grading” at our real estate office in McLean, VA and are seeking exceptional administrative talent to fill our Client Care Manager position. This is a full-time, salaried position with long-term sustainable employment and room for growth within our blossoming business. The ideal candidate is someone really detail oriented, very nurturing & caring, self-motivated & learning based. A positive, can-do, self sufficient problem solver. Likes to work hard & play hard. And most importantly, has integrity. Real estate experience required (mortgage/title/Realtor). This is not a stepping stone into sales (no weekend or nights!) and is a fabulous opportunity to work with one of the top real estate teams in the entire country!

For more information & details on how to apply, read our ad

Open House in Vienna – June 24th (Home JUST Listed!) (Plus Friday Funday Video)

If you’re looking for small town living & big city convenience – then Vienna is the place to be. This weekend we’re holding open our new listing on John Marshall Drive NE. Within a mile you’ll find parks, restaurants, recreation & more.

As inspiration, we bring you Native Run and their song “Virginia”. Native Run often perform at nearby Jammin Java (since one of the band members is also one of the owners of Jammin Java) – oh so close if you live on John Marshall Drive! Listen up & come visit our open house on Sunday. Scroll down for details!


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605 John Marshall Drive NE in Vienna – Open Sunday 1-4PM – $724,900

Location, Location, Location! In Town of Vienna. Great lot, great neighborhood, peaceful, no houses behind property. Screened porch converts to 2+ car carport. Large kitchen, unbelievable storage. Hardwood floors. Deck off dining room is perfect for outdoor entertaining. Family room features a gas fireplace. Close to Wolftrap Elementary School, 2 miles to Wolftrap Farm Park. Close to Vienna Metro, Tysons & Dulles Toll Road.

Directions: I-495 to Chain Bridge Rd. S (Rt. 123) which turns into Maple Avenue, Right Beulah Rd, Right John Marshall Drive to 605.

Read about Life In Vienna

Contact The Belt Team

Search all listings in Vienna

Temperatures Rise and So Does The Level of Vienna Real Estate Inventory

    

As temperatures inch toward record highs this month, so follows inventory in Vienna. Throughout 2012, Vienna has averaged about 187 homes on the market at any given time. Currently, we have 223 Vienna homes for sale.

But don’t be too quick to jump to conclusions. Vienna may be heading back to a “Balanced Market”, but current contract levels keep Vienna in a “Seller’s Market” this week.

Search all Vienna homes for sale

Oakton, on the other hand, has dropped under a 3 month housing supply. This drop also pulls Oakton real estate into a “Seller’s Market”. 84 homes are currently for sale in Oakton. Since Oakton’s market is statistically smaller than Vienna’s, you’ll need to stay tuned to see if this is a trend or just a blip on the radar screen as we head into summer.

Seach all Oakton homes for sale

Last week in Vienna Real Estate (22180,22181, 22182):

  • Number of Contracts: 20
  • Average Days on Market for Active Listings: 92 days
  • Average Days on Market for Listings That Went Under Contract: 31 days
  • Inventory: 204 homes on the market
  • Number of Months Supply of Homes (Based on past 90 day contract rate): 2.4 months
  • Number of Months Supply of Homes (Based on past 30 day contract rate): 2.7 months

Last week in Oakton Real Estate (22124):

  • Number of Contracts: 10
  • Average Days on Market for Active Listings: 78 days
  • Average Days on Market for Listings That Went Under Contract: 57
  • Inventory: 84 homes on the market
  • Number of Months Supply of Homes (Based on past 90 day contract rate): 2.6 months
  • Number of Months Supply of Homes (Based on past 30 day contract rate): 2.5 months

If you’re thinking of buying or selling a home, Contact The Belt Team at (703) 242-3975 for a more in-depth discussion & analysis – because it’s only the neighborhood YOU live in (or you WANT to live in) that matters. We’ll be happy to schedule a consultation and get very detailed about “YOUR Market” so that you can make the decision that is best for YOU!

Request a FREE WRITTEN REPORT of your home’s value, set up FREE LISTING ALERTS so you can find out about new listings daily or ask to join our FREE PRIORITY NOTIFICATION LIST for special buying opportunities that are not in the MLS or on the Internet. In a market like this, don’t you want to know about homes BEFORE they hit the market?

Just Listed – New Home In Heart of Vienna!

Just Listed on Cottage Street SW in Vienna – $1,195,000

New design from one of Vienna’s oldest and best builders, in the heart of downtown Vienna. Delightful elevation includes Hardiplank, stone, and charming porch feature. First floor guest bedroom/den with full bath. Upgraded finishes and quality throughout. Winter delivery.

More Info about 204 Cottage Street SW in Vienna

Search more homes in Vienna

Contact The Belt Team

Read about “Life in Vienna

We have LOTS of listings still coming on the market this Summer. Let us know if you would like to be on our PRIORITY NOTIFICATION LIST so that you can find out about listings BEFORE they hit the market!

 

Home Inspections & Repairs

If you’re thinking about selling (or maybe you’re on the market), you may be wondering what the most common repairs are that sellers make before a sale.

If you’re in the market to buy a home, it’s very likely that you will have a home inspection as part of the process. You may be wondering what items you should be concerned about and what items are not important. And ultimately – if something comes up, how you should handle it.

Here are just a few tips about repairs & home inspections. You can find more Tips & Reports for Sellers and Tips & Reports for Buyers on our Northern Virginia real estate web site. Contact The Belt Team for further questions about what you should expect when you are buying or selling a home.

Just Listed on Ferndale Terrace NE in Leesburg

Just Listed on Ferndale Terrace NE in Leesburg – $310,000

Beautiful end unit 2 car garage townhome. Enjoy a light filled gourmet kitchen & breakfast area that open to the spacious family room. Living room & dining room with 3 piece crown molding. Large master suite with walk-in closet and spa-like bath with Jacuzzi tub. Convenient upper level laundry. Fully finished lower level features a rec room with gas fireplace, full bath & French doors walk out to back yard.

More Info about 816 Ferndale Terrace NE in Leesburg

Contact The Belt Team

We have LOTS of listings still coming on the market this Spring & Summer. Let us know if you would like to be on our PRIORITY NOTIFICATION LIST so that you can find out about listings BEFORE they hit the market!

Search homes in Leesburg

Friday Funday Video Plus Open Houses in Vienna & Reston

TGIF! That means it’s time for our Friday Funday video! This week our open houses are in Vienna & Reston. Both towns are wonderful places to live and this time of year is especially fun as they both host free outdoor concerts. Reston has the 2012 Summer Concert Series at Reston Town Center and Vienna has their own 2012 Summer on the Green Concert Series. Both homes we’re holding open this weekend are oh so close. So we invite you to experience the Vienna & Reston lifestyle this weekend. If you fall in love, we have the perfect homes for you too! Scroll down for details about our open houses!

For inspiration – here’s a clip from the group performing in Reston this weekend:

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12220 Dorrance Street in Reston – Open Saturday & Sunday 1-4PM – $698,987

Beautiful brick front townhome close to Reston Town Center. All freshly painted inside and out, refinished hardwoods & new carpets. Light filled and spacious with 9’+ ceilings throughout. 2 sided gas fireplace between the dining room & great room. Breakfast area with vaulted ceilings & French doors to deck. All bedrooms have vaulted ceilings. Fully finished lower level with bay window walks out to rear yard.

Directions: Dulles toll Road West, Right Reston Parkway, Left Bluemont, cross over Town Center Parkway, road becomes Crescent Park, Left Logan Manor, Left Dorrance to #12220.

Contact The Belt Team

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609 Ware Street SW in Vienna – Open Sunday 1-4PM – $1,109,000

New custom home from District Properties in the heart of Vienna. Gleaming hardwoods on the main & upper levels. Living room with access to full bath could be main level bedroom. Gourmet kitchen with French doors to deck. Kitchen also opens to family room with gas fireplacec. Master suite w/spa-like bath & electric fireplace. Convenient upper level laundry. Finished lower level with rec room, electric fireplace & wet bar – plus a bedroom, full bath & media room. Fenced yard.

More Info about 609 Ware St SW in Vienna

Directions: From Tysons: 123 South, Left Nutley Street, Left Courthouse Road, Right Ware Street to #609

Read about Life In Vienna

Contact The Belt Team

Northern Virginia Real Estate Market Moves Into Summer

The calendar has turned and it’s now June. In the Northern Virginia real estate market, that often marks the official end to the “spring season” and the beginning of the “summer season”. (Never mind that summer really doesn’t start until June 20th!)

SELLERS: If your home is on the market now and has been on for a while, it’s your last chance opportunity to get the price right & get sold. Buyers are still out there, but the further into summer we go, the more things usually slow down. Buyers with school age children are accelerating their efforts now because in order to find a home, write a contract, get to settlement, get moved in & settled in before school starts – things have to happen soon. As we move into late June and into July, active buyers often take a break from looking. It’s vacation season & summer travel sports season and that takes priority.

If your home is not on the market yet (maybe you’re thinking you’d like to move in the Fall and be settled in your new home for the holidays) – NOW is the time to interview Realtors and start prepping your home for market. You don’t want to spend money on improvements that are not necessary, but you do want to take care of anything that will affect saleability and price. Your Realtor should consult with you on this now and differentiate these items for you in terms of what Buyers in the market respond to.

BUYERS: Homes are still selling quickly in our area. Whether you are buying now or buying later in the year, the best way to prepare yourself is to look at listings on a daily basis. Sign up for a FREE Listing Alert service that is directly fed from the MLS and see what’s out there. (Don’t just manually search online sites because they are often out of date & filled with inaccuracies.) Filter through different areas, home types and price ranges until you are really comfortable with what you get for your money and what things are most important to you. Make sure your loan is FULLY approved before you start looking at homes. Arm yourself with a top-notch Realtor who is a master negotiator. And then be ready to strike when you see one you like. As an example, last week in the Vienna Oakton area, 30 homes sold. Half of them sold in 2 weeks or less. 8 of them sold in a week or less. And 3 of them sold the day they went on the market.

Here’s this week’s detailed update on Vienna and Oakton real estate. (Contact The Belt Team if you would like statistics on YOUR particular market!)

  • Inventory dropped ever so slightly – down 3% in Oakton (currently 85 homes for sale) and down 1% in Vienna (currently 204 homes for sale)
  • Contracts SOARED in Oakton this past week. 11 homes went under contract. This is the highest number of contracts we’ve seen in one week in all of 2012. Only two weeks in 2011 exceeded that number. And in 2010, we matched that number only once.
  • Vienna saw 19 homes go under contract. This is under the year-to-date weekly average of 24.
  • Average days on market for active listings continued to decline in both areas – down to 96 days in Vienna and 72 days in Oakton.
  • Housing supply in Vienna shows a Seller’s Market (with about 2 months of housing). And Oakton has moved into a Balanced Market (with 2.9-3.5 months supply). Remember, however, that market supply also varies vastly within the same city, but in different price ranges, neighborhoods & school districts.
  • Homes are still selling quickly, 55% of the homes that went under contract in Oakton this week sold in 2 weeks or less. In Vienna, that figure was 47%.

Last week in Vienna Real Estate (22180,22181, 22182):

  • Number of Contracts: 19
  • Average Days on Market for Active Listings: 96 days
  • Average Days on Market for Listings That Went Under Contract: 36 days
  • Inventory: 204 homes on the market
  • Number of Months Supply of Homes (Based on past 90 day contract rate): 2.1 months
  • Number of Months Supply of Homes (Based on past 30 day contract rate): 2.2 months

Last week in Oakton Real Estate (22124):

  • Number of Contracts: 11
  • Average Days on Market for Active Listings: 72 days
  • Average Days on Market for Listings That Went Under Contract: 56
  • Inventory: 85 homes on the market
  • Number of Months Supply of Homes (Based on past 90 day contract rate): 2.9 months
  • Number of Months Supply of Homes (Based on past 30 day contract rate): 3.5 months

If you’re thinking of buying or selling a home, Contact The Belt Team at (703) 242-3975 for a more in-depth discussion & analysis – because it’s only the neighborhood YOU live in (or you WANT to live in) that matters. We’ll be happy to schedule a consultation and get very detailed about “YOUR Market” so that you can make the decision that is best for YOU!

Request a FREE WRITTEN REPORT of your home’s value, set up FREE LISTING ALERTS so you can find out about new listings daily or ask to join our FREE PRIORITY NOTIFICATION LIST for special buying opportunities that are not in the MLS or on the Internet. In a market like this, don’t you want to know about homes BEFORE they hit the market?

Friday Funday Video & Open Houses in Springfield & Vienna Sunday June 3rd

TGIF! That means it’s time for our Friday Funday video! This week our open houses are in Springfield & Vienna. One of the homes we’re holding open is also in the Lake Braddock school district. So – in light of the fact that West Springfield and Lake Braddock are playing for the Northern Regional Baseball Championship this weekend and the game will take place in Vienna – we bring you Gretchen Wilson and “Take Me Out to the Ballgame”. (Game currently scheduled for 7PM at Madison High School in Vienna, but check the school web sites for weather updates.)

Scroll down for details about our open house. We’ve got a fabulous move-in ready home in the Lake Braddock district! And another brand new construction home in the Heart of Vienna

7710 Green Garland Drive in Springfield – Open Sunday 1-4PM – $515,000

Beautifully updated and move-in ready! Updates include a renovated kitchen and renovated bathrooms, new windows, new garage doors, and fresh paint throughout. Delightful living room with fireplace, skylights, and a vaulted ceiling. Stunning kitchen with walk-in bay window. Lower level has a 4th bedroom/family room and 3rd full bath. Outside you’ll enjoy the deck and the fenced rear yard which backs to trees.

More Info about 7710 Green Garland Drive in Springfield

Directions: I-95 to Backlick Rd South, to 7900, to 7100 N, to Hooes Rd South exit, Left on Pohick, Left on Groveland, Left on Green Garland to #7710. OR from Burke: 7100 South/West to Right on Pohick, Left on Groveland, Left on Green Garland to #7710 on left.

Contact The Belt Team

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609 Ware Street SW in Vienna – Open Sunday 1-4PM – $1,109,000

New custom home from District Properties in the heart of Vienna. Gleaming hardwoods on the main & upper levels. Living room with access to full bath could be main level bedroom. Gourmet kitchen with French doors to deck. Kitchen also opens to family room with gas fireplacec. Master suite w/spa-like bath & electric fireplace. Convenient upper level laundry. Finished lower level with rec room, electric fireplace & wet bar – plus a bedroom, full bath & media room. Fenced yard.

More Info about 609 Ware St SW in Vienna

Directions: From Tysons: 123 South, Left Nutley Street, Left Courthouse Road, Right Ware Street to #609

Read about Life In Vienna

Contact The Belt Team